Financial Control – Structured Capital Market recruitment
Interested candidates may send their CV directly to Joyce Lim at joyce.lim@kaskal-executive.com
Regret only shortlisted candidates will be contacted. For full listing of all our openings, please visit our website at www.kaskal-executive.com
Job Description:
Full ownership of the control, accounting and management of the P and L and Balance Sheet of legal entities in the Structured Capital Markets area
Main Duties
The role is within the Structured deal control team and involves the following:
• The applicant will be responsible for the accounting of a variety of financial instruments involved in structured transactions. This may include fair value hedging instruments.
• The applicant would also be the site accountant responsible for the legal entities involved in the structure. They will have responsibility for the PL and balance sheet of the entities.
• Prepare management month end reporting for the entities involved within the structures covering trade PL, balance sheet movements, intercompany mismatches, and tax entries.
• The applicant will be required to understand the solus and consolidated accounting treatment applicable to the structure.
• The applicant will be required to work with front office to resolve accounting issues and queries in relation to the structures they are responsible for.
• The role requires the applicant to prepare financial statements for a number of legal entities under IFRS and UK GAAP.
• To perform quarterly consolidated financial reporting for the Group and document any applicable hedge effectiveness testing.
• To continue to improve and encourage a strong controls framework within the team.
Person Requirements
• Qualified chartered accountant (ACA or equivalent).
• Preferably some exposure to the financial services sector.
• A good technical understanding of accounting concepts in accordance with IFRS (UK GAAP would be beneficial but not absolutely necessary).
• A good communicator with the confidence to deal with front office and senior finance management on complex accounting issues
• A strong practical understanding of the importance of a rigorous controls environment.
• The ability to pick up concepts quickly and challenge existing thinking and processes.
• The candidate should be able to understand accounting entries and apply these in a practical manner.
• An enthusiastic team player
• Strong Excel skills
• 5-10 years work experience.